401k Plan data: MULTISEAL, INC 401(K) SAVINGS PLAN plan

MULTISEAL, INC 401(K) SAVINGS PLAN 401k Plan overview

Plan Name	MULTISEAL, INC 401(K) SAVINGS PLAN
Plan identification number	001

MULTISEAL, INC 401(K) SAVINGS PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

MULTISEAL, INC. has sponsored the creation of one or more 401k plans.

Company Name: MULTISEAL, INC.

Employer identification number (EIN): 351837670

NAIC Classification: 336300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MULTISEAL, INC 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 LARRY RUST 2024-08-30
001 2022-01-01 LARRY RUST 2023-04-21
001 2021-01-01 LARRY RUST 2022-07-22
001 2020-01-01 LARRY RUST 2021-05-12
001 2018-01-01 LARRY RUST 2019-07-22
001 2017-01-01 LARRY RUST 2018-06-01 LARRY RUST 2018-06-01
001 2016-01-01 LARRY RUST 2017-07-11 LARRY RUST 2017-07-11
001 2015-01-01 LARRY RUST 2016-06-07
001 2014-01-01 LARRY RUST 2015-06-23
001 2013-01-01 LARRY RUST 2014-07-14 LARRY RUST 2014-07-14
001 2012-01-01 LARRY RUST 2013-07-17
001 2011-01-01 LARRY RUST 2013-06-19
001 2010-01-01 LARRY RUST
001 2009-01-01 LARRY RUST

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01	LARRY RUST	2024-08-30
001	2022-01-01	LARRY RUST	2023-04-21
001	2021-01-01	LARRY RUST	2022-07-22
001	2020-01-01	LARRY RUST	2021-05-12
001	2018-01-01	LARRY RUST	2019-07-22
001	2017-01-01	LARRY RUST	2018-06-01	LARRY RUST	2018-06-01
001	2016-01-01	LARRY RUST	2017-07-11	LARRY RUST	2017-07-11
001	2015-01-01	LARRY RUST	2016-06-07
001	2014-01-01	LARRY RUST	2015-06-23
001	2013-01-01	LARRY RUST	2014-07-14	LARRY RUST	2014-07-14
001	2012-01-01	LARRY RUST	2013-07-17
001	2011-01-01	LARRY RUST	2013-06-19
001	2010-01-01	LARRY RUST
001	2009-01-01	LARRY RUST

Plan Statistics for MULTISEAL, INC 401(K) SAVINGS PLAN

401k plan membership statisitcs for MULTISEAL, INC 401(K) SAVINGS PLAN

Measure Date Value
2025: MULTISEAL, INC 401(K) SAVINGS PLAN 2025 401k membership
Total number of particpants at beginning of year 2025-07-10 70
Total number of particpants at end of year 2025-07-10 58
Number of Participants With Account Balances 2025-07-10 32
2024: MULTISEAL, INC 401(K) SAVINGS PLAN 2024 401k membership
Total number of particpants at beginning of year 2024-08-30 64
Total number of particpants at end of year 2024-08-30 61
Number of Participants With Account Balances 2024-08-30 34
2010: MULTISEAL, INC 401(K) SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 33
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 27
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 5
Total of all active and inactive participants 2010-01-01 32
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 32
Number of participants with account balances 2010-01-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: MULTISEAL, INC 401(K) SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 33
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 28
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 5
Total of all active and inactive participants 2009-01-01 33
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 33
Number of participants with account balances 2009-01-01 30
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2025: MULTISEAL, INC 401(K) SAVINGS PLAN 2025 401k membership
Total number of particpants at beginning of year	2025-07-10	70
Total number of particpants at end of year	2025-07-10	58
Number of Participants With Account Balances	2025-07-10	32
2024: MULTISEAL, INC 401(K) SAVINGS PLAN 2024 401k membership
Total number of particpants at beginning of year	2024-08-30	64
Total number of particpants at end of year	2024-08-30	61
Number of Participants With Account Balances	2024-08-30	34
2010: MULTISEAL, INC 401(K) SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	33
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	27
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	5
Total of all active and inactive participants	2010-01-01	32
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	32
Number of participants with account balances	2010-01-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: MULTISEAL, INC 401(K) SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	33
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	28
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	5
Total of all active and inactive participants	2009-01-01	33
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	33
Number of participants with account balances	2009-01-01	30
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on MULTISEAL, INC 401(K) SAVINGS PLAN

Measure	Date	Value
2025 : MULTISEAL, INC 401(K) SAVINGS PLAN 2025 401k financial data
Total transfers to/from plan in this plan year	2025-07-10	0
Total liabilities as of the end of the plan year	2025-07-10	0
Total liabilities as of the beginning of the plan year	2025-07-10	0
Total expenses incurred by plan in this plan year	2025-07-10	72028
Net assets as of the end of the plan year	2025-07-10	995029
Total assets as of the beginning of the plan year	2025-07-10	889525
Value of plan covered by a fidelity bond	2025-07-10	89000
Participant contributions to plan in this plan year	2025-07-10	43761
Other expenses paid from plan in this plan year	2025-07-10	0
Other contributions to plan in this plan year	2025-07-10	0
Other income to plan in this plan year	2025-07-10	123992
Plan net income in this plan year	2025-07-10	105504
Net assets as of the end of the plan year	2025-07-10	995029
Net assets as of the beginning of the plan year	2025-07-10	889525
Employer contributions to plan in this plan year	2025-07-10	9779
Fees paid to broker by Benefit Provider	2025-07-10	3889
Expensese paid to adminstrative service provicers from plan in this plan year	2025-07-10	500
2024 : MULTISEAL, INC 401(K) SAVINGS PLAN 2024 401k financial data
Total transfers to/from plan in this plan year	2024-08-30	0
Total liabilities as of the end of the plan year	2024-08-30	0
Total liabilities as of the beginning of the plan year	2024-08-30	0
Total expenses incurred by plan in this plan year	2024-08-30	34118
Net assets as of the end of the plan year	2024-08-30	889525
Total assets as of the beginning of the plan year	2024-08-30	722316
Value of plan covered by a fidelity bond	2024-08-30	72232
Participant contributions to plan in this plan year	2024-08-30	58582
Other expenses paid from plan in this plan year	2024-08-30	0
Other contributions to plan in this plan year	2024-08-30	0
Other income to plan in this plan year	2024-08-30	131265
Plan net income in this plan year	2024-08-30	167209
Net assets as of the end of the plan year	2024-08-30	889525
Net assets as of the beginning of the plan year	2024-08-30	722316
Employer contributions to plan in this plan year	2024-08-30	11480
Fees paid to broker by Benefit Provider	2024-08-30	3148
Expensese paid to adminstrative service provicers from plan in this plan year	2024-08-30	650
2010 : MULTISEAL, INC 401(K) SAVINGS PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$58,911
Expenses. Total of all expenses incurred	2010-12-31	$6,995
Benefits paid (including direct rollovers)	2010-12-31	$2,775
Total plan assets at end of year	2010-12-31	$331,084
Total plan assets at beginning of year	2010-12-31	$279,168
Total contributions received or receivable from participants	2010-12-31	$16,572
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$36,547
Net income (gross income less expenses)	2010-12-31	$51,916
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$331,084
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$279,168
Assets. Value of participant loans	2010-12-31	$13,914
Total contributions received or receivable from employer(s)	2010-12-31	$5,792
Value of certain deemed distributions of participant loans	2010-12-31	$3,000
Value of corrective distributions	2010-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$1,220

Form 5500 Responses for MULTISEAL, INC 401(K) SAVINGS PLAN

2010: MULTISEAL, INC 401(K) SAVINGS PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2009: MULTISEAL, INC 401(K) SAVINGS PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes

Insurance Providers Used on plan

METLIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 87726 )
Policy contract number	942382
Policy instance	1

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Company Name:	MULTISEAL, INC.
Employer identification number (EIN):	351837670
NAIC Classification:	336300